Acres of newsprint have been spread across the world explaining and expounding various aspects of the eurozone crisis. The focus of these magazine and newspaper articles has generally centered on the massive debt problems now dogging Italy, Greece and Spain—and the resultant economic dangers to Europe, the United States and the world at large.
Largely overlooked are the potential opportunities that have opened up for Berlin. Crises often bring opportunity as the German Chancellor has already recognized. In an October gathering in Frankfurt, Angela Merkel stated: "There is opportunity in every crisis" (The Spectator, November 12, 2011).
Last year she said: "We must re-establish the primary of politics over the markets." Very hard to do, but even the structure of the undemocratic European Union in itself may provide vast opportunities for elitist control by a handful of people. The democratically-elected European Parliament has generally been viewed as a mere rubber-stamp body for the much more powerful, unelected European Commission.
More importantly, an informal Frankfurt group has been formed in order for the financial elites of Europe to wield power behind the scenes. Chancellor Merkel and President Sarkozy attended a recent meeting in the famous Old Opera House, now becoming symbolic of European rebirth. The Spectator labelled this particular group as "a new EU hit squad." The German and French leaders have grown weary of costly, unproductive EU meetings that go virtually nowhere because of too many participants.
Some have even credited the German Chancellor and the French President with being the behind-the-scenes actors in effectively removing the elected leaders of Greece and Italy and replacing them with bureaucratic technocrats.
Where is Europe really headed from here? The November-December 2011 issue of The Good News magazine features an article showing how German power and influence has expanded on the European continent. The title is: "Europe's Troubles: Setting the Stage for Prophecy's Fulfillment." This article shows how Bible prophecy reveals the real meaning behind European current affairs. Unbeknownst to most people, the severe economic megaproblems in Europe may be a prime factor in producing a new dictatorial European Superstate that will astonish the world.
Jesus Christ told us to watch what's going on in the world (Luke 21:34-36 Luke 21:34-36  And take heed to yourselves, lest at any time your hearts be overcharged with surfeiting, and drunkenness, and cares of this life, and so that day come on you unawares.
 For as a snare shall it come on all them that dwell on the face of the whole earth.
 Watch you therefore, and pray always, that you may be accounted worthy to escape all these things that shall come to pass, and to stand before the Son of man.
American King James Version×: Mark 13:32-37 Mark 13:32-37  But of that day and that hour knows no man, no, not the angels which are in heaven, neither the Son, but the Father.  Take you heed, watch and pray: for you know not when the time is.  For the Son of Man is as a man taking a far journey, who left his house, and gave authority to his servants, and to every man his work, and commanded the porter to watch.  Watch you therefore: for you know not when the master of the house comes, at even, or at midnight, or at the cock-crowing, or in the morning:  Lest coming suddenly he find you sleeping.  And what I say to you I say to all, Watch.
American King James Version×). Be sure to read and study every issue of The Good News magazine, whether online or in print. You can read past issues on world affairs as they relate to Bible prophecy in our online archives.